As you are aware, we are currently in discussions with our strategic partner, the AustralianGovernment, on capital structure. I cannot disclose the status of those discussions and won’t bedrawn on precisely when arrangements might be announced, nor on likely terms.
I’ve said before that it is extremely unlikely that the Commonwealth would countenance advancingall of the funds necessary to meet the additional capital requirement.
countenance
noun - support or approval
verb - admit as acceptable or possible
So does the above they DON'T think the Government will give them the money?
As you are aware, we are currently in discussions with our...
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| ILU (ASX) Chart |